综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Asia-Pacific

Japan to US: Auto tariff would damage US, world economy

Updated: 2018-06-30 01:10
Share
Share - WeChat

TOKYO (AP) — Japan's government warned in a report Friday that a higher US tariff on auto imports could backfire, jeopardizing hundreds of thousands of American jobs created by Japanese auto-related companies, raising prices for US consumers and devastating the US and global economy.

Japan submitted a position paper Friday to the US Department of Commerce, according to the Japanese trade ministry. In May, Trump ordered the department to conduct an investigation to determine if higher tariffs on foreign-made vehicles and auto parts were justified on national security grounds.

The move outraged Japanese automakers, which have invested billions of dollars in US plants that directly employ tens of thousands of workers.

Any trade restrictions, if imposed, would increase costs for US consumers and "could seriously affect" the jobs, the report said. It said the measures would put a brake on global trade, seriously disrupt the market and put global free trade "at great risk."It said US automakers would lose competitiveness and export markets would shrink, affecting US auto-related industries in and outside the country, and "eventually undermine the entire US economy."Japan said up to 624,000 people could lose their jobs in the US if a 25 percent tariff were levied on automobiles and auto parts and other countries took retaliatory measures, citing a study by the Peterson Institute for International Economics.

Already hit by increased US steel and aluminum tariffs, Japan has told the World Trade Organization it may levy retaliatory tariffs on US goods totaling about 50 billion yen ($450 million) a year.

Japan, in the report, alleged that "broad trade restriction measures on automobiles and auto parts in the name of security raise serious questions about the compliance with the WTO agreements." Possible rebalancing or retaliatory measures from other countries could also damage US manufacturing and agricultural industries, it said.

The report said Japanese auto-related companies have played a vital role in contributing to the growth of the US manufacturing base since the 1980s. They have created over 1.5 million jobs across America and produce about 3.8 million cars in the US, it said.

Japanese companies have invested over $48 billion in the US, sustaining jobs, developing human resources and competitiveness, and contributing to American society like any US company, the report said.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
河南省| 油尖旺区| 舟山市| 荃湾区| 名山县| 正安县| 乡城县| 克拉玛依市| 宝坻区| 清水县| 兴业县| 南投市| 河间市| 洪江市| 留坝县| 天台县| 湖口县| 望奎县| 怀远县| 阳新县| 平塘县| 宜宾市| 普格县| 江华| 永德县| 北流市| 鹤峰县| 于都县| 南昌市| 惠安县| 定兴县| 仁寿县| 肇源县| 祥云县| 丹江口市| 黔南| 都安| 泽普县| 顺平县| 青铜峡市| 松桃|